Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3 Answer is complete but not entirely correct. Fund Type Type of Fiduciary Fund Tri-Centennial Fund. Accounts for money raised or contributed by several local

image text in transcribed
3 Answer is complete but not entirely correct. Fund Type Type of Fiduciary Fund Tri-Centennial Fund. Accounts for money raised or contributed by several local area governments and other organizations. The purpose is to ensure availability of resources to celebrate the United States Tri-Centennial in 2076 Fiduciary Fund Private-purpose Trust Fund Perpetual Care Fund. Accounts for endowed gifts and investment earnings dedicated to perpetual care of the city's cemeteries Permanent Fund Agency Fund Poudre River Public Library District Fund Accounts for cash and investments held by the city on behalf Fiduciary Fund of Poudre River Public Library District Custodial Fund School Impact Fee Fund The city collects school impact fees as part of the cost of building permits issued. Money must be remitted periodically to theFiduciary Fund local school district, a legally separate that is not a component unit of the city Agency Fund Cultural Services and Facilities Fund. Accounts for revenues received from the city's Lincoln Center performing arts facility, the city museum, and subsidies from the General Fund. All of which are used to promote cultural activities for city residents Special Revenue Fund Pension and Other Employee Benefit Trust Fund Payroll Fund. The city has established a fund in which all payroll deductions are reported Fiduciary Fund Custodial Fund Telephone Commissions Fund. The city collects commissions on pay telephones used by jail inmates. The city uses the funds collected to provide inmates such benefits as library resources and fitness equipment Special Revenue Fund Agency Fund Block Grant Fund. The state receives federal funds for the homeless that it passes through to local not- for-proft organizations. The only responsibility the state has is to contribute an additional amount of funds (match) to the federal grant the Special Revenue Fund Pension and Other Employee Benett Trust Fund Special Revenue FundPension and Health Benefits Fund. The county has agreed to pay a portion of the health insurance premiums forFiduciary Fund employees when they setire. Contributions for the benefit are paid into this fund Agency Fund established a fund to account for abandoned and unclaimed property. The property is held in the fund Fiduciary Fund for 10 years. If a legal claimant to the property is not found within the 10-year time period, the Private-purpose Trust Fund Iproperty reverts to the state 3 Answer is complete but not entirely correct. Fund Type Type of Fiduciary Fund Tri-Centennial Fund. Accounts for money raised or contributed by several local area governments and other organizations. The purpose is to ensure availability of resources to celebrate the United States Tri-Centennial in 2076 Fiduciary Fund Private-purpose Trust Fund Perpetual Care Fund. Accounts for endowed gifts and investment earnings dedicated to perpetual care of the city's cemeteries Permanent Fund Agency Fund Poudre River Public Library District Fund Accounts for cash and investments held by the city on behalf Fiduciary Fund of Poudre River Public Library District Custodial Fund School Impact Fee Fund The city collects school impact fees as part of the cost of building permits issued. Money must be remitted periodically to theFiduciary Fund local school district, a legally separate that is not a component unit of the city Agency Fund Cultural Services and Facilities Fund. Accounts for revenues received from the city's Lincoln Center performing arts facility, the city museum, and subsidies from the General Fund. All of which are used to promote cultural activities for city residents Special Revenue Fund Pension and Other Employee Benefit Trust Fund Payroll Fund. The city has established a fund in which all payroll deductions are reported Fiduciary Fund Custodial Fund Telephone Commissions Fund. The city collects commissions on pay telephones used by jail inmates. The city uses the funds collected to provide inmates such benefits as library resources and fitness equipment Special Revenue Fund Agency Fund Block Grant Fund. The state receives federal funds for the homeless that it passes through to local not- for-proft organizations. The only responsibility the state has is to contribute an additional amount of funds (match) to the federal grant the Special Revenue Fund Pension and Other Employee Benett Trust Fund Special Revenue FundPension and Health Benefits Fund. The county has agreed to pay a portion of the health insurance premiums forFiduciary Fund employees when they setire. Contributions for the benefit are paid into this fund Agency Fund established a fund to account for abandoned and unclaimed property. The property is held in the fund Fiduciary Fund for 10 years. If a legal claimant to the property is not found within the 10-year time period, the Private-purpose Trust Fund Iproperty reverts to the state

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Digital Transformation Of Auditing And The Evolution Of The Internal Audit

Authors: Nabyla Daidj

1st Edition

1032103914, 978-1032103914

More Books

Students also viewed these Accounting questions